ReMel Project OÜ

Active Registry code 16639632 OÜ Raadi alev Registered 27 Dec 2022

ReMel Project OÜ is a OÜ based in Raadi alev, registry code 16639632, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €36 191 with 2 employees.

Turnover

36 191 €

↓ 39.5% vs Q2 2026

State taxes

2 766 €

↓ 7.2% vs Q2 2026

Labour taxes

3 135 €

↓ 5.3% vs Q2 2026

Employees

±0 vs Q2 2026

Q3 2026 · data from the Tax and Customs Board (EMTA)

Position in the industry Construction of residential and non-residential buildings · EMTAK 41

Turnover · Q3 2026 36 191 €

above 58% of companies

industry median 25 252 € · companies in the industry: 4 696
Labour taxes per employee 1 568 €

above 65% of companies

industry median 1 211 € · companies in the industry: 4 133
Revenue · 2025 162 551 €

above 76% of companies

industry median 38 239 € · companies in the industry: 7 000
Net profit margin · 2025 15.7 %

above 75% of companies

industry median 3.5 % · companies in the industry: 5 562

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € Q3 2026: 36 191 € · −39.5% vs Q2 2026 · industry median 25 252 € · above 58% of the industry

Company
Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 1 568 € · −5.3% vs Q2 2026 · industry median 1 211 € · above 65% of the industry

Company
Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 2 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 2 766 € · −7.2% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	36 191	2 766	3 135	2
Q2 2026	59 821	2 979	3 312	2
Q1 2026	40 952	2 916	3 260	2
Q4 2025	62 750	2 778	3 045	2
Q3 2025	28 329	4 987	2 448	2
Q2 2025	53 649	3 164	3 497	2
Q1 2025	42 647	2 530	2 837	2
Q4 2024	60 289	3 014	3 365	2
Q3 2024	39 587	2 436	2 761	2
Q2 2024	33 531	2 720	3 050	2
Q1 2024	49 250	2 661	2 989	2
Q4 2023	67 335	2 617	2 953	2
Q3 2023	58 443	2 840	3 198	2
Q2 2023	39 445	2 121	2 384	2
Q1 2023	20 060	496	560	2

Labour taxes per employee per month

523 €

Turnover per employee in the quarter

18 096 €

Q3 2026 · calculated from EMTA data

Financials by year

2023 – 2025

Revenue, € thousand 2025: 162 551 € · +16.8% vs 2024 · industry median 38 239 € · above 76% of the industry

Company
Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: 25 508 € · +1 128.7% vs 2024 · industry median 410 € · above 86% of the industry

Company
Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 15.7 % · +14.2 pp vs the year before · industry median 3.5 % · above 75% of the industry

Company
Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 110 244 € · +10.5% vs 2024

Equity, € 2025: 82 269 € · +23.2% vs 2024

Employees 2025: 2 · +0.0% vs 2024 · industry median 2 · above 50% of the industry

Company
Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Financials by year
Year	Revenue, €	Net profit, €	Labour costs, €	Assets, €	Equity, €	Employees
2025	162 551	25 508	74 776	110 244	82 269	2
2024	139 172	2 076	72 945	99 757	66 761	2
2023	155 707	62 185	67 803	98 940	64 685	2

Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.

Financial ratios for 2025

Net profit margin

15.7 %

Net profit / revenue

Return on equity (ROE)

31.0 %

Net profit / equity

Return on assets (ROA)

23.1 %

Net profit / assets

Equity ratio

74.6 %

Equity / assets

Debt ratio

25.4 %

Liabilities / assets

Current ratio

4.23

Current assets / current liabilities

Revenue per employee

81 276 €

Revenue / average full-time employees

Labour cost per employee per month

3 116 €

Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister

Annual reports
Year	Period	Filed	Report	Documents
2025	1 Jan 2025 – 31 Dec 2025	15 Feb 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	14 Jan 2025	Company’s own	e-Äriregister
2023	27 Dec 2022 – 31 Dec 2023	29 Jun 2024	Company’s own	e-Äriregister

Board

Meelis Ladva
Board member · since 27 Dec 2022
Rein Truija
Board member · since 27 Dec 2022

Right of representation

Any member of the management board may represent the private limited company in all transactions.

Owners

Meelis Ladva
Natural person · 1 250 €

50%
Rein Truija
Natural person · 1 250 €

50%

Beneficial owners

Meelis Ladva
Direct ownership · since 27 Dec 2022
Rein Truija
Direct ownership · since 27 Dec 2022

Founders and other persons

Meelis Ladva
Founder · 1 250 € · 19 Dec 2022
Rein Truija
Founder · 1 250 € · 19 Dec 2022

Activities (EMTAK)

41001Construction of residential and non-residential buildings Main

Rulings 6

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 50217667 / 5 12 Oct 2026	Amendment entry		In force 12 Oct 2026	PDF
Ä 50217667 / 4 2 Sep 2023	Amendment entry		In force 2 Sep 2023	PDF
Ä 50217667 / 3 17 Apr 2023	Amendment entry		In force 17 Apr 2023	PDF
Ä 50217667 / 2 29 Dec 2022	Amendment under Commercial Code § 525 (2)		In force 29 Dec 2022	PDF
Ä 50217667 27 Dec 2022	First entry		In force 27 Dec 2022	PDF
Ä 50217667 / M1 22 Dec 2022	Ruling to eliminate deficiencies	5 Jan 2023	Deficiencies eliminated 27 Dec 2022	PDF

Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data